BP Scraps 500-MW HyGreen Teesside Hydrogen Project in UK
03.10.2025 By Tank Terminals - NEWS

March 10, 2025 [Renewables Now]- Oil and gas major BP Plc confirmed a decision to call off its large-scale HyGreen Teesside project in the North East of England, in line with its “fundamentally reset strategy” to sharpen focus on its core operations.

 

“As we set out in our strategy reset announcement last week, in hydrogen and carbon capture bp is focusing on high-graded projects, prioritising 5-7 projects for this decade. In the UK, our focus is on the significant projects in Teesside — NZT Power, NEP, and also H2Teesside (blue hydrogen). Therefore, we are no longer progressing our plans to develop HyGreen,” a spokesperson for the company said.

HyGreen was set to be developed in multiple stages, targeting an overall hydrogen production capacity of up to 500 MWe ‎by 2030.

In 2022, BP signed a memorandum of understanding (MoU) for UAE-based renewable energy company Masdar to take a stake in the project.

Prior to the news about the HyGreen project, uncertainty loomed over another BP project — the Kwinana Energy Hub. In February, the British firm said it had decided to revise its plans for clean fuel and hydrogen production at its former oil refinery in Western Australia.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Europe
NW-Europe
Australia's Woodside Energy Makes Liz Westcott Its Permanent CEO
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Australia’s Woodside Energy on Wednesday named Liz ​Westcott as... Read More
US Lends Oil Companies 45.2 Mln Barrels from Reserve, First Batch of Iran War
03.23.2026 - NEWS
March 23, 2026 [Reuters]- The Trump administration said on Friday it ​has lent 45.2 million bar... Read More
China's Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
03.23.2026 - NEWS
March 23, 2026 [Reuters]- China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8... Read More
Saudi Aramco Cuts Oil Supply to Asia for Second Month in April
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Saudi Aramco, the world’s top oil exporter, has cut crude supply ... Read More